Corporate Rescue Mechanism for Companies in Distress: A Compromise Between Debtors and Creditors As an attempt to curb and contain the spread of the COVID-19 pandemic in the country, the Government of Malaysia implemented the Movement Control Order (“MCO”) which took effect from 18.03.2020. As at the date of this article, the Conditional MCO (“CMCO”) which was announced on 01.05.2020 is scheduled to end on 09.06.2020.

Covid-19: Should Malaysia adopt Specific Law?